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President elect Barack Obama is rounding up experts as quickly as possible to confront America economic crisis but people caught up in the nation employment downturn don see an improvement any time soon. employers cut 240,000 jobs in October, taking the national unemployment rate to a 14 year high 6.5 percent. So far this year, 1.2 million jobs have been lost 651,000 of them in the past three months.
In America industrial heartland, the numbers translate to thousands canada goose clearance of people desperate for retraining, new Canada Goose Jackets careers, fresh advice and just a little hope the kind of people who line up to see Carlos Cisneros every Tuesday and Wednesday.
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canada goose coats wish him nothing but the best, Cisneros said. I don expect us to be out of this for a while longer than a year. I Canada Goose Parka only hope by 2010 we start seeing some changes. canada goose coats
Economists, too, see higher unemployment ahead.
Canada Goose sale don see any cheap canada goose outle improvement in job market for the entire year uk canada goose of 2009, said Michael Walden, an economics professor at North Carolina State University. looking at unemployment rate at 8 to 8.5 Canada Goose Outlet percent and a million or a million and half more people out of work in 2009. Canada Goose sale
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But those who helped Obama to victory, including labor unions, argue there is much Obama and the Democratic Congress can do to at least limit job losses in the year to come.
canada goose store expectations are very high, said Ron Blackwell, chief economist of the AFL CIO umbrella group for labor unions. why we supported Barack Obama. canada goose store
canada goose deals The group wants Congress to pass another economic stimulus package before Obama takes office in January that would extend unemployment insurance benefits, increase food subsidies to the poor, help state and local governments that cannot afford to continue programs for the needy, and invest in an infrastructure rebuilding program to create jobs. Congress canada goose uk outlet are. canada goose deals
Canada Goose Jackets confident Barack Obama will meet those goals but it does depend on a program that is much more ambitious than what has been contemplated to this point, Blackwell said. Canada Goose Jackets
canadian goose jacket Jared Bernstein, an economist at the liberal Economic Policy Institute, said the measures Obama takes could mean the difference between an unemployment rate of 8 percent or higher a year from now, or one closer to 7 percent. canadian goose jacket
buy canada goose jacket cheap not like uk canada goose outlet he a helpless victim of a weak economy there are things he can do, Bernstein said as he headed to Chicago to attend Obama meeting with economic advisers on Friday. He noted canada goose uk shop that extending the duration of unemployment insurance benefits canada goose has a direct impact on economic growth. buy canada goose jacket cheap
Jobless workers can get up to 26 weeks of unemployment insurance. buy canada goose jacket cheap Benefits have already been extended once.
buy canada goose jacket Bernstein said that means even though Obama can limit job losses with aggressive policy, he can erase the problem. buy canada goose jacket
canada goose clearance sale he does everything, that doesn mean we out of the woods, Bernstein said. inherited a recession, potentially a deep and long one something I wouldn wish on any new president canada goose clearance sale.